UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934
Date of Report: June 13, 2017
(Date of earliest event reported)
Yuma Energy, Inc.
(Exact name of registrant as specified in its charter)
DELAWARE
|
|
001-37932
|
|
94-0787340
|
(State or other jurisdiction
of incorporation)
|
|
(Commission File Number)
|
|
(IRS Employer Identification No.)
|
1177 West Loop South, Suite 1825
Houston, Texas 77027
(Address of principal executive offices) (Zip Code)
(713) 968-7000
(Registrant’s telephone number, including area
code)
|
(Former name or former address, if changed since last
report)
|
|
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
|
☐
|
Written
communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|
|
|
|
|
☐
|
Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
|
|
|
☐
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
|
|
|
|
|
☐
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
|
Indicate
by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of
1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If an
emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange Act.
☐
Item 5.07.
Submission of Matters to a Vote of Security Holders.
The annual meeting of stockholders of Yuma Energy, Inc. (the
“Company”) was held on June 13, 2017 (the
“Meeting”) for the purpose of voting on four
proposals.
The first proposal was the election of two individuals to serve as
Class I directors of the Company for three-year terms expiring in
2020. The two directors elected and the tabulation of votes for
each was:
Nominees for Class I Directors
|
|
For
|
|
Withheld
|
|
Broker Non-Votes
|
James W. Christmas
|
|
9,370,730
|
|
15,979
|
|
-
|
Richard K. Stoneburner
|
|
9,370,919
|
|
15,790
|
|
-
|
The Company’s continuing directors after the Meeting
include Sam L. Banks, Frank A. Lodzinski, Neeraj Mital and J.
Christopher Teets.
The second proposal was an advisory vote on executive compensation.
The votes on the proposal were:
For
|
|
Against
|
|
Abstain
|
|
Broker Non-Votes
|
9,334,838
|
|
36,336
|
|
15,535
|
|
-
|
The third proposal was an advisory vote on the frequency of the
advisory vote on executive compensation. The votes on the proposal
were:
One Year
|
|
Two Years
|
|
Three Years
|
|
Abstain
|
|
Broker Non-Votes
|
9,351,063
|
|
4,569
|
|
5,480
|
|
25,597
|
|
-
|
The Company has considered the outcome of this advisory vote on the
frequency of the advisory vote on executive compensation and the
Board of Directors of the Company has determined that the Company
will provide stockholders with a non-binding advisory vote on
executive compensation every year until the next stockholder vote
on the frequency of the advisory vote on executive
compensation.
The fourth proposal was the ratification of Grant Thornton, LLP as
the Company’s independent registered public accounting firm
for 2017. The votes on the proposal were:
For
|
|
Against
|
|
Abstain
|
9,378,908
|
|
4,435
|
|
3,366
|
Proposals one, two and four were approved by the Company’s
stockholders and the stockholders approved one year for the
frequency of the advisory vote on executive compensation.
Stockholders owning a total of 9,386,709 shares of the
Company’s common stock and Series D Convertible Preferred
Stock, voting together as one class, voted at the Meeting,
representing approximately 65.4% of the outstanding shares of
Company’s common stock and Series D Convertible Preferred
Stock, voting together as one class, as of the record date for the
Meeting.
SIGNATURE
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
|
|
|
|
|
|
YUMA ENERGY, INC.
|
|
|
|
|
|
|
|
|
|
By:
|
/s/ Sam
L. Banks
|
|
|
|
Name:
|
Sam L.
Banks
|
|
Date:
June 19, 2017
|
|
Title:
|
Chief
Executive Officer
|
|